HTC PURENERGY RETAINS BARNESMCINERNEY FOR INVESTOR RELATIONS CONSULTING AND PROVIDES CORPORATE UPDATES
February 10, 2009 - Regina, Saskatchewan – HTC Purenergy (“HTC” or “Corporation”) (TSX-V:HTC), an energy company that is commercializing carbon dioxide capture and storage technologies, today announced the engagement of BarnesMcInerney as strategic investor relations consultants for the Corporation. BarnesMcInerney will focus on developing and expanding HTC’s communications with the investment community through an integrated investor relations program.
“We have entered an exciting stage in the development and growth of our business and are looking forward to communicating our progress with investors,” said Lionel Kambeitz, President and CEO of HTC. “BarnesMcInerney’s proven expertise will help us effectively convey our story to the investment community.”
“As Canada’s emerging CCS (CO 2 Capture Storage) national champion, HTC has a combination of strategic management and a talented technical team that will enable them to capitalize on global energy and environmental opportunities,” said Ken Barnes, Managing Partner, BarnesMcInerney. "We look forward to working with HTC at this exciting time in their development."
HTC has entered into an investor relations service agreement with BarnesMcInerney for a monthly fee of $7,500 for professional services for a period of six months. Neither Barnes McInerney, nor any of its employees, holds any interest, directly or indirectly, in HTC, or any right to acquire such an interest. This agreement is subject to acceptance by the TSX Venture Exchange.
The Corporation is pleased to announce that it has appointed director James Rybchuk to the Audit Committee and Jeffrey Allison as Corporate Secretary of the Corporation. Furthermore, the Compensation Committee recommended and the Board of Directors has approved amendments to the two existing Management Agreements, relating to the terms of termination and change of control, and by firming the terms of non-competition/non-solicitation.
About HTC Purenergy
HTC is an energy technology company that commercializes carbon dioxide capture and storage technologies for Enhanced Oil Recovery and geological sequestration. The Corporation’s mandate is to deliver Carbon Clear Solutions in order to solve the pending challenges of energy security and the impact of greenhouse gas emissions. For more information visit www.htcenergy.com.
The TSX Venture Exchange Inc. does not take any responsibility for the adequacy or accuracy of the information contained in this news release.
For more information contact:
JeffAllison,
